As of September 2026, Eventide US Market ETF is classified as not halal.
NOT HALAL
Is Eventide US Market ETF Halal?
Shariah Compliance Analysis of EUSM ETF
US Equity Total Market
No. As of September 2026, Eventide US Market ETF (EUSM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Eventide US Market ETF does not pass Musaffa's business and financial screening criteria.
EUSM was created on 2024-12-17 by Eventide. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 108.93m in AUM and 158 holdings. EUSM is an actively managed fund that invests in US stocks of any market capitalization selected based on fundamental research and company values-based screening. The fund targets companies the adviser believes reflect moral values while creating stakeholder value.
Eventide US Market ETF (EUSM) Chart
Key Statistics of Eventide US Market ETF (EUSM)
Today's Open
-
AUM
-
Avg. Volume
-
Expense Ratio
-
P/E Ratio
-
P/B Ratio
-
FAQ's for Eventide US Market ETF (EUSM)
As of September 2026, Eventide US Market ETF EUSM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Eventide US Market ETF using these criteria to determine its compliance status.
The Shariah compliance status of Eventide US Market ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Eventide US Market ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.